Notice Regarding Completed Payment andPartial Loss of Rights of Disposal of Own
Shares as Restricted Compensation
KANUMA, April 28, 2023

Contact

Nakanishi Inc. (the “Company”) hereby announces it has completed payment procedures
today in regard to the disposal of its own shares as restricted compensation as announced
on March 30, 2023 in “Notice Regarding Disposal of Own Shares as Restricted Compensation.”

Investors

Furthermore, as the initially planned number of shares to be disposed of, etc., haschanged due to a partial loss of rights, the details of the changes are also described below.

Masatoshi Akiya

1. Details of change to the overview of the own share disposal (Changed sections are underlined)

Daisuke Suzuki

Corporate Vice President &Group CFOHead of Corporate Communication

Saki Tabei

Corporate Communication Specialist

ir@nsk-nakanishi.co.jp
After change

Before change(1) Date of the Disposal

April 28, 2023

April 28, 2023

Class and number of(2)shares to be disposed of

3,400 shares of common stockof the Company

3,500 shares of common stockof the Company(3) Price of the Disposal

JPY 2,608 per share

JPY 2,608 per share

JPY 8,867,200

JPY 9,128,000

Directors of the Company(excluding Outside Directors):
1 person
1,500 shares

Directors of the Company(excluding Outside Directors):
1 person
1,500 shares

Corporate Vice Presidents whoto not concurrently serve as
Directors of the Company:
5 persons
1,900 shares

Corporate Vice Presidents whoto not concurrently serve as
Directors of the Company:
6 persons
2,000 shares(4)

Total amount of the
Disposal

Allottees, number(5) thereof, and number ofshares to be disposed ofMedia
Nobue Ebihara

Corporate Communication Specialist

Kazuki Takagi

Corporate Communication Specialist

Kyoko Toyoshima

Corporate Communication Specialist

pr@nsk-nakanishi.co.jp

2. Reasons for change
The difference between the planned number of shares to be disposed of, etc., and the actual
number is due to a loss of rights since at the time the disposal of its own shares was decided,
one person who was planned to be allotted declined the allotment.

3. Future outlook
This change has minimal impact on the results for FY2023.

Note:
This document is a translation of the original Japanese document and is only for reference purposes. All readers
are recommended to refer to the original version in Japanese of the release for complete information.
source:Nakanishi Inc. www.nakanishi-inc.jp/ir/irnews

About Nakanishi Inc.
To achieve the mission of “To create
brilliant progress via innovative
grinding technology,” NSK has
continued to hone the three coretechnologies of high-speed rotary
technology, ultrasound technology
and micro motor technology.
Using these core technologies, NSK
will continue to provide innovative
products in the dental, surgical andindustrial fields, and keep
contributing toward the creation of
all kinds of progress, such as
bringing inspiration, happiness,benefits and joy to society andpeople.
NSK has three main locations fordevelopment and production; RD1,headquarters and A1 factory in
Kanuma, Japan.
The company’s shares are listed in
the Tokyo Stock Exchange.
Visit www.en.nakanishi-inc.jp
for more information about NakanishiInc. and our products.

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